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Contract Probabilistic Risk Analysis Engineer Jobs in Eden Prairie, MN

Daikinapplied

Project Development Engineer

Osseo, MN

Examine and review contracts and estimates by performing risk analysis and developing risk plans ... Bachelor's degree in engineering or equivalent experience * 8+ years of experience in mechanical ...

Mortenson

Risk Management Intern

Minneapolis, MN

$18/hr

As a top builder, developer, and EPC (Engineering, Procurement, and Construction), our expertise ... contract language, trade partner prequalification, probable maximum loss analysis, and Enterprise ...

Anteris Technologies

R&D Engineer II

Brooklyn Park, MN

$95K - $115K/yr

Contribute to risk analysis activities (FMEA) * Support design controls in accordance with FDA and ... Bachelor's degree in Engineering (Mechanical, Biomedical, or related) * 2-5 years of experience in ...

Medtronic

Prin Quality Engineer

Minneapolis, MN

$75K - $97K/yr

... Management Quality Engineer to join our innovative team. This role will be in the surgical ... Leading hazard and risk analysis activities to identify potential risks and implement effective ...

Medtronic

Prin Quality Engineer

Minneapolis, MN

$75K - $97K/yr

... Management Quality Engineer to join our innovative team. This role will be in the surgical ... Leading hazard and risk analysis activities to identify potential risks and implement effective ...

TruPath

Sales Engineer - Metal Manufacturing

Saint Paul, MN · On-site

$75K - $90K/yr

... risk analysis. Qualifications: * Bachelor's degree in business, marketing, engineering or a related ... field. (preferred). * 2 - 4 years of experience in estimating, preferably within a manufacturing ...

Actalent

Mechanical Engineer

Saint Paul, MN

Experience with FMEA, HAZOP, safety risk assessments, or similar risk analysis methods * Ability to ... Job Type & Location This is a Contract to Hire position based out of Saint Paul, MN. Pay and ...

TSI Incorporated

Contract Attorney

Shoreview, MN

$150K - $175K/yr

Partner with business leaders and internal stakeholders (sales, operations, engineering, marketing ... Demonstrated track record of independently analyzing and resolving complex, high-risk contract ...

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Showing results 21-40

All JobsContract Probabilistic Risk Analysis Engineer JobsContract Probabilistic Risk Analysis Engineer Jobs in Eden Prairie, MN

Contract Probabilistic Risk Analysis Engineer information

See Eden Prairie, MN salary details

$38.7K

$118.1K

$195.2K

How much do contract probabilistic risk analysis engineer jobs pay per year?

As of Aug 21, 2026, the average yearly pay for contract probabilistic risk analysis engineer in Eden Prairie, MN is $118,130.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,600.00 and $154,500.00 per year, depending on experience, location, and employer.

What is a contract probabilistic risk analysis engineer?

A Contract Probabilistic Risk Analysis Engineer is a professional hired on a contractual basis to assess and quantify risks in engineering projects using probabilistic methods. They use statistical models and simulations to predict the likelihood and potential impact of various risks, helping organizations make informed decisions. These engineers often work in industries like energy, aerospace, or construction, and their analysis supports project safety, reliability, and cost-effectiveness. Their expertise helps organizations mitigate uncertainties and optimize project outcomes.

What are the key skills and qualifications needed to thrive as a contract probabilistic risk analysis engineer?

To thrive as a Contract Probabilistic Risk Analysis Engineer, you need a solid background in engineering, mathematics, and statistics, often supported by a relevant degree and experience with risk analysis methodologies. Familiarity with technical tools such as Monte Carlo simulation software, fault tree analysis programs, and industry-specific risk assessment platforms is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret complex data and present findings to stakeholders. These competencies are crucial for accurately identifying and mitigating risks in projects, ensuring safety, compliance, and project success.

What are some common challenges faced by contract probabilistic risk analysis engineers, and how can they be addressed?

Contract Probabilistic Risk Analysis Engineers often face the challenge of quickly integrating into new teams and projects, requiring rapid understanding of industry-specific risk models and standards. Balancing diverse stakeholder expectations, tight deadlines, and incomplete data sets can add complexity to analysis tasks. To address these challenges, effective communication, adaptability, and strong analytical skills are essential. Leveraging standard risk analysis frameworks and maintaining clear documentation can also help ensure consistency and accuracy in deliverables.

What is the difference between Contract Probabilistic Risk Analysis Engineer vs Contract Reliability Engineer?

AspectContract Probabilistic Risk Analysis EngineerContract Reliability Engineer
CredentialsTypically requires engineering degrees, certifications in risk analysis or reliability (e.g., ASQ, IRCA)Requires engineering degrees, certifications in reliability or maintenance (e.g., CRE, RCM)
Work EnvironmentFocuses on risk modeling, probabilistic assessments, often in industries like energy, aerospaceFocuses on system reliability, maintenance strategies, often in manufacturing, utilities
Industry UsageCommon in nuclear, aerospace, oil & gas sectorsCommon in manufacturing, power plants, industrial facilities

The Contract Probabilistic Risk Analysis Engineer specializes in quantitative risk modeling using probabilistic methods, while the Contract Reliability Engineer emphasizes system reliability and maintenance strategies. Both roles require engineering backgrounds but focus on different aspects of safety and system performance within similar industries.

Contract Probabilistic Risk Analysis Engineer jobs near you
Infographic showing various Contract Probabilistic Risk Analysis Engineer job openings in Eden Prairie, MN as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 83% Physical, 5% Hybrid, and 12% Remote job distribution, with an average salary of $118,130 per year, or $56.8 per hour.

Contract Analyst - Exempt

Three Point Solutions, Inc.

Moundsview, MN • On-site

$69K - $84K/yr

Full-time

Re-posted 19 days ago

Job description

Job Title: Contract Analyst
Client: Medical Device Manufacturing Company
Duration: 2 Years (with possible extension)
Location: Mounds View, MN 55112
Shift: 1st Shift
Job Summary:
An individual contributor role responsible for the end-to-end management of clinical trial and vendor agreements in a cross-functional, matrixed environment. The Contract Analyst supports contract operations using legal expertise, financial insights, and project management capabilities, ensuring compliance and stakeholder alignment throughout the contract lifecycle.
Key Responsibilities:
  • Communicate effectively with internal and external stakeholders using strong customer service and time management skills.
  • Analyze Fair Market Value (FMV) to support budgeting and negotiations.
  • Collaborate with legal, finance, clinical, reimbursement, and other cross-functional teams.
  • Draft, evaluate, negotiate, and track contracts and outsourcing proposals.
  • Ensure contract compliance and maintain contract records and reporting data.
  • Apply knowledge of GCP and industry regulations to clinical and vendor agreements.
  • Manage moderately complex negotiations, escalating issues when necessary.
  • Review redlines and suggest actions based on contract purpose and risk.
  • Lead small-scale projects or contracts with limited supervision.
  • Manage contract changes: amendments, terminations, extensions, and administration.
  • Review contract elements for accuracy and completeness.

Required Qualifications:
  • Bachelor's degree with minimum 4 years of contract management/negotiation experience
    OR
  • JD or Master's degree with minimum 2 years of relevant experience

Preferred Qualifications:
  • Juris Doctorate (JD)
  • Experience in clinical research or medical/scientific fields
  • Understanding of Good Clinical Practices (GCP)
  • Prior clinical/vendor contract negotiation experience
  • Project management exposure in a matrixed team environment
  • Strong customer-facing communication background
  • Advanced MS Office skills (Word, Excel, PowerPoint)
  • Bilingual proficiency (Spanish, French, Italian, etc.)

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